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Dollar advances vs yen as BOJ dissent clouds rate-hike outlook

Reported by Ananya Das (Senior Writer) · Livemint - Markets ·

✓ — also reported by Economic Times - Markets

Dollar advances vs yen as BOJ dissent clouds rate-hike outlookRepresentative image · Pexels

Dollar advances vs yen as BOJ dissent clouds rate-hike outlook. GLOBAL-FOREX/ (UPDATE 6):FOREX-Dollar advances vs yen as BOJ dissent clouds rate-hike outlook * Yen drops after BOJ votes 7-2 to hike by 25 bps * Traders doubt BOJ commitment to further increases * Japan conducted rate checks in the FX market, Nikkei reports By Saqib Iqbal Ahmed and Harry Robertson Earlier report (2026-09-19 10:13): Dollar advances vs yen as BOJ dissent clouds rate-hike outlook. Following the Bank of Japan's decision to increase interest rates, the dollar saw a rise against the yen. Some policymakers expressed skepticism regarding further hikes, while Japanese officials monitored exchange rates, hinting at possible intervention. Additionally, the US Federal Reserve's assertive approach contributed to the dollar's strength, with energy prices and Fed communications attracting significant market attention.

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